Dutch cutback proposals unique in Europe

Author (Person) ,
Series Title
Series Details 2.4.10
Publication Date 02/04/2010
Content Type

In September 2009 the Dutch government set up 20 committees to look at austerity measures that could get the state's budget back in check. Critics said this showed politicians are afraid to make decisions, and that valuable time would be wasted. But six months later the committees have presented their suggestions, while politicians elsewhere in Europe are postponing any drastic interventions in the public finances.

The committees were set up to identify potential spending cuts and tax increases that would amount to an effective 20% reduction of budgets at all ministries. In their recommendations of April 2010 the committees have suggested the Dutch state finances could benefit most from cutbacks in heathcare and housing subsidies.

Source Link http://www.nrc.nl/international/europe/article2517156.ece/Dutch_cutback_proposals_unique_in_Europe
Related Links
NRC Handelsblad, 17.3.10: Dutch state short 29 billion euros http://www.nrc.nl/international/article2505425.ece/Dutch_state_short_29_billion_euros
Website: Netherlands Bureau for Economic Policy Analysis (CPB) http://www.cpb.nl/eng/
CPB: Dossier: The Credit Crisis http://www.cpb.nl/eng/dossier/kredietcrisis/

Countries / Regions ,